Franklin Covey Co. to Post FY2024 Earnings of $1.77 Per Share, Northland Capmk Forecasts (NYSE:FC)

Franklin Covey Co. (NYSE:FC) – Equities researchers at Northland Capmk dropped their FY2024 EPS estimates for Franklin Covey in a note issued to investors on Thursday, June 27th. Northland Capmk analyst N. Chokshi now forecasts that the business services provider will post earnings per share of $1.77 for the year, down from their previous estimate of $1.83. The consensus estimate for Franklin Covey’s current full-year earnings is $1.66 per share. Northland Capmk also issued estimates for Franklin Covey’s Q2 2025 earnings at $0.34 EPS.

Franklin Covey (NYSE:FC) last issued its quarterly earnings data on Wednesday, June 26th. The business services provider reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.04. Franklin Covey had a net margin of 6.50% and a return on equity of 24.90%. The firm had revenue of $73.37 million for the quarter, compared to analyst estimates of $72.12 million. During the same quarter last year, the firm earned $0.32 earnings per share.

Other equities analysts have also issued research reports about the stock. Northland Securities dropped their price target on shares of Franklin Covey from $100.00 to $95.00 and set an “outperform” rating on the stock in a research report on Thursday, March 28th. Roth Mkm reissued a “buy” rating and issued a $50.00 price target on shares of Franklin Covey in a research report on Thursday, June 27th. StockNews.com raised shares of Franklin Covey from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, Barrington Research reissued an “outperform” rating and issued a $45.00 price target on shares of Franklin Covey in a research report on Thursday, June 27th.

Franklin Covey Trading Down 3.2 %

NYSE:FC opened at $36.77 on Monday. Franklin Covey has a 12 month low of $32.19 and a 12 month high of $48.76. The firm has a market cap of $487.94 million, a price-to-earnings ratio of 27.44, a P/E/G ratio of 1.14 and a beta of 1.24. The company has a quick ratio of 0.85, a current ratio of 0.88 and a debt-to-equity ratio of 0.06. The company’s 50 day moving average is $37.16 and its 200-day moving average is $38.96.

Hedge Funds Weigh In On Franklin Covey

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC acquired a new stake in Franklin Covey during the first quarter worth $59,000. Mather Group LLC. acquired a new stake in Franklin Covey during the first quarter worth $73,000. SG Americas Securities LLC boosted its stake in Franklin Covey by 46.3% during the fourth quarter. SG Americas Securities LLC now owns 3,566 shares of the business services provider’s stock worth $155,000 after buying an additional 1,128 shares in the last quarter. Lazard Asset Management LLC boosted its stake in Franklin Covey by 92.7% during the first quarter. Lazard Asset Management LLC now owns 5,612 shares of the business services provider’s stock worth $220,000 after buying an additional 2,699 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System acquired a new stake in Franklin Covey during the first quarter worth $241,000. Institutional investors own 69.88% of the company’s stock.

Franklin Covey Company Profile

Franklin Covey Co provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through Direct Offices, International Licensees, and Education Practice segments.